September 23, 2014
The Second Circuit on Tuesday declined to rehear The Lehman Brothers Inc. liquidating trustee's bid to reclaim $4 billion in Lehman trading collateral that was picked up by Barclays PLC after the collapse of Lehman's parent company.
August 20, 2014
The Lehman Brothers Inc. liquidating trustee on Tuesday asked for the full Second Circuit to rehear his claims that Barclays PLC is not entitled to $4 billion in Lehman Brothers Inc. trading collateral, arguing that a panel's decision could allow attorneys to negotiate bankruptcy sales in secret.
August 05, 2014
The Second Circuit on Tuesday affirmed that Barclays PLC deserves $5.9 billion in Lehman Brothers Inc. trading collateral, ruling against the LBI liquidating trustee on two long-contested aspects of Barclays' hectic crisis-era purchase of the brokerage.